The Canalys research group (www.canalys.com) has announced its forecasts for small business investment worldwide in content security, highlighting an expected compound annual growth rate of 7.8% between 2014 and 2017. The global market grew 5.0% in 2013, reaching US$2.4 billion in value. This represented 28% of all content security market spend during the year.
"In 2013, IT security became more important to small businesses, driving overall security budgets upwards,’ says Canalys Senior Analyst, Nushin Vaiani. "Small businesses are beginning to understand the need to demonstrate to customers that their information is being handled securely, especially in light of numerous data breaches and the NSA scandal."
Vendors have also concentrated more on providing tailored products to suit small businesses.
"These solutions focus on simple deployment, a combination of data protection features and ease of...| Read more »